Taiwan chip firms may move to Chinese mainland as Covid-19 cases spike: experts

chip Photo:VCG

TAIPEI (Global Times): As the Covid-19 resurgence on the island of Taiwan affects major chip packager King Yuan Electronics Corp and threatens the whole chip industry on the island, experts from the Chinese mainland said that Taiwan-based chip companies may partially shift capacity to the mainland to ensure supply to the huge market.

Taiwan-based chip packaging and testing firm King Yuan said that it would suspend production for two days after dozens of employees contracted Covid-19.